Archive for July, 2010

Stocks Move Higher Amid Better-than-Expected Jobless Claims Report

Rating 3.00 out of 5

[?]Submitted by SmallCapVoice.com  
Stocks extended a rally into a third day as investors welcome a report that first-time jobless claims fell more than expected last week.
Mixed reports Thursday from retailers on June sales results have helped boost some individual stocks, but did not widely affect the market.
The Labor Department said initial jobless […]

Stocks Rally Despite a Slowdown in the Service Sector

Rating 3.00 out of 5

[?]Submitted by SmallCapVoice.com  
U.S. stocks rose on Tuesday, led by financial and technology shares, even though data showed U.S. non-manufacturing activity grew at a slower rate than expected in June.
An industry trade group says the service sector grew more slowly in June, yet another sign growth could weaken in the second half […]